|
|
Office Locations:
|
245 Main St.
Cambridge, MA 02142
Phone: 617-633-5999
| | |
|
|
|
|
|
Information Technology
Software & Internet
|
|
|
|
Converge Ventures is a women-led venture capital firm founded by Maia Heymann and Nilanjana Bhowmik (who has been a partner at Longworth Venture Partners for over 10 years). The firm invests in young startups focused on business-to-business technologies at the Series A stage, with plans to continue supporting them for the long term. The firm is looking to fund early-stage companies that require more long-term capital for engineering and other resources. Checks may start at $3 million or higher, and Converge will focus primarily in Boston, along with other regions where Bhowmik and Heymann have networks, including New York and Ottawa, Canada. Areas of interest include artificial intelligence, distributed computing and the Internet of Things. Their total venture investments managed is $510 million and they have raised $2 billion in equity capital.
|
|
|
|
|
|
|
Investment Firm Key
VC = Venture Capital
PE = Private Equity
A = Angel
I = Incubator
MB = Merchant Bank
VD = Venture Debt
FI = Family Investment Office
FOF = Fund of Funds
ED = Economic Development Office
TT = Technology Transfer Office
CVC = Corporate Venture Capital
SEC = Secondary Purchaser
HF = Hedge Fund/Mutual Fund
|
|
| COMPANY STAGE | REVENUE |
| Venture Capital | |
Seed Stage
(includes "pre-seed," or
concept stage) | No Revenue |
| Early Stage | Minimal
Revenue |
Growth Stage
(also called Mid-stage) | $2M-$7M |
Expansion Stage
(also called Late-stage) | $7M and greater |
| Private Equity | |
| Lower Middle Market | $10M-$249M |
| Middle Market | $250M-$499M |
| Upper Middle Market | $500M-$1B |
| Large Cap | >$1B |
|
|
|
|
|
